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NYMEX Monday Wrap: Oil rises $1.21, nat gas drops
HOUSTON, November 26, 2018 (PCW) — January NYMEX crude futures settled up $1.21 per barrel at $51.63/bbl. January Brent at the close of the NYMEX increased $1.68 at $60.48 bbl. The January Brent/WTI spread was narrowed at $8.85 bbl favoring Brent.
Prompt natural gas futures were down 6.0 cents at $4.248 mmBtu. December NYMEX RBOB futures closed at $1.4425 gal, up 5.13 cpg.
December gasoline differentials were mostly lower versus Friday’s level.
A 4 CBOB 87 regular was lower at 9.25 cpg under the screen.
CBOB 87 was down at 9.25 cpg under the screen.
D4 CBOB 93 premium was lower 7.00 cpg over the screen.
CBOB 93 was down at 7.00 over the screen.
RBOB was higher at 7.75 cpg under the screen.
The 3-2-1 crack spread in the Gulf Coast was $8.18 bbl, $7.28 /bbl under the screen. – John Troland